Member Info for Mikey279

Doesn’t mean much if Janus and canna are reducing

It’s actually horrific

The analyst range of expectations for FY 2024 revenue are from £130.0m to £153.7m and for adjusted EBITDA from £11.1m to £16.6m.

How have they messed this up so bad ?

Temporary delay here doesnt warrant a 33% cut....

Dirt cheap

This review will focus on reported positions on contracts in Projects, accounting, governance and controls, including whether any prior year restatement may be required. An update will be provided as appropriate following its conclusion.

The results presented in this trading update, and our full year outlook, are before any potential impacts from the independent review.

Don't see how any fund can be confident adding until results are known now......

May back test the lows here, don’t think there’s been enough volume to clear the tr1 yet and both shorts adding on don’t help, concerning as they rarely get it wrong

All IMO

Low 70s today possible

All IMO

Generally illiquid anyway, someone bailed before results but they turned out good....so goes to show

Looks good on all metrics back to 50+ soon

Sufficient cash for foreseeable was the key

MM's opened near 20% down at £1, which was overshot based on financial metrics

Bids rejected at £2.30, its not difficult to see value here, elephant in room is the review although the big write down already happened a few months back, so im thinking its just processes/governance

All IMO

Expecting 90p this week, buyers will come back in at £1.50

All IMO

Https://www.washingtonpost.com/national-security/2024/11/10/trump-putin-phone-call-ukraine/

It’s happening folks buckle up

£5 share for 80 odd p, yum

All IMO

UTs after hours are not ‘buys’

They could have increased anything from £1 level, but in my experience a 20% recovery from lows can only be good news :

1) they have either closed some out

2) the short had temporary impact and now need to buy back more so the squeeze is more significant

If it ended lower then it’s a different story entirely, confident of an eventual recovery back to £1+, you don’t reject £2.30 bids for no reason and the metrics don’t justify the decline

All IMO

80-90p next week IMO

Imagine listening to the naysayers this morning - hopefully they can compensate the 20% gain?

Back to £1 over the next few sessions

All IMO

My mates uncle’s best friend down the pub said if the offers were rejected at £2.30 then it’s a steal down here

Bids were rejected at £2.30 iirc, joke of a price down here

All you need to know: MMs opened at £1 and they usually overshoot

Patience needed

All IMO

Give it a few sessions and will be back at £1, its clear a big fund is offloading

seen it time and time again over the years

All IMO